© Reuters. The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth Frantz/ File photo
(Reuters) – The World Bank has released a second tranche of $250 million to support economic reforms in Sri Lanka, it said in a statement on Wednesday.
The International Monetary Fund earlier this month cleared the first review of Sri Lanka’s $2.9 billion bailout, providing about $337 million in funds to help tackle the fallout from the country’s worst financial crisis in decades.